2. University of Pennsylvania Number of billionaire alumni: 28
Total wealth: $112 billion
This private research university is one of the Ivy League schools. It is located in Philadelphia and is one of the Colonial Colleges. The university was founded by Benjamin Franklin in 1740. It boasts of Wharton, the first school of business, and Perelman, the first school of medicine. It has 28 Nobel Prize laureates, three Justices of the Supreme Court and one American President. It also counts 11 other people who became heads of state in their respective countries.